How much does The Barcode Warehouse Limited make?

The Barcode Warehouse Limited reported revenue of £61m and £994k profit in the year to 30 Apr 2025, according to its accounts filed at Companies House.

How many employees does The Barcode Warehouse Limited have?

The Barcode Warehouse Limited reported an average of 260 employees in the year to 30 Apr 2025.

Is The Barcode Warehouse Limited profitable?

Yes — The Barcode Warehouse Limited reported a profit of £994k in the year to 30 Apr 2025.

Company No. 03842666 · Incorporated 16 Sep 1999

The Barcode Warehouse Limited

Registered name: THE BARCODE WAREHOUSE LIMITED

Part of The Barcode Warehouse Group Limited group

The Barcode Warehouse Limited made £61m revenue and £994k profit in the year to 30 Apr 2025.

The Barcode Warehouse Limited’s revenue grew 6% to £61m in the year to 30 Apr 2025, with £994k profit and 260 employees. The company is classified under “manufacture of printed labels” and is based in Nottinghamshire; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 18121Manufacture of printed labels SIC 46510Wholesale of computers, computer peripheral equipment and software

Status: Active
Location: Nottinghamshire, East Midlands
Age: 27 yrs · since 1999
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Apr 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£61m

Growth ▲5.9%

Profit

£994k

Growth ▲229.7%

Profit margin

1.6%

Gross 26.9%

Employees

260

Change ▼10.7%

Profit / employee

£3.8k

Revenue/employee £235k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024	30 Apr 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£63.4m	£65.4m	£57.6m	£61m
Cost of sales	£47.4m	£49.9m	£42m	£44.6m
Gross profit	£16m	£15.6m	£15.6m	£16.4m
Operating profit	£3.5m	£1.7m	£571k	£1.4m
Profit before tax	£3.4m	£1.7m	£503k	£1.4m
Profit after tax	£2.8m	£1.4m	£302k	£994k
Profit (best available)	£2.8m	£1.4m	£302k	£994k
Staff costs	£8.6m	£9.5m	£10.3m	£10.4m
Employees (average)	270	278	291	260
Ratios
Profit margin	4.4%	2.1%	0.5%	1.6%
Gross margin	25.2%	23.8%	27.1%	26.9%
Revenue per employee	£235k	£235k	£198k	£235k
Profit per employee	£10.2k	£5.1k	£1k	£3.8k
Cash conversion	98.2%	129.1%	613.3%	662.3%
Growth (year on year)
Revenue growth	—	▲3.2%	▼11.9%	▲5.9%
Profit growth	—	▼49.2%	▼78.5%	▲229.7%
Headcount growth	—	▲3%	▲4.7%	▼10.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.5m	£1.1m	£2.9m	£11.2m
Net assets	£17.8m	£19.2m	£19.5m	£20.5m
Fixed assets	£6.6m	£7m	£6.4m	£5.8m
Current assets	£31m	£36.6m	£35.1m	£42.5m
Debtors	£8.1m	£12.3m	£8.4m	£7.9m
Deferred income	£6.3m	£7.8m	£5m	£4.4m
Cash from operations	£3.4m	£2.2m	£3.5m	£9.4m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 26.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £235k; Revenue ÷ average employees.
Profit per employee: £3.8k; Profit ÷ average employees.
Cash conversion: 662.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲5%; Now £20.5m
Cash at bank: ▲285%; Now £11.2m
Headcount: ▼11%; Now 260
Deferred income: ▼12%; Now £4.4m
Fixed assets: ▼10%; Now £5.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

The Barcode Warehouse Group Limitedultimate parent75–100%
The Barcode Warehouse Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

TBW NO.1 LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £994k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.